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/biz/ - Business & Finance

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28551765 No.28551765 [Reply] [Original]

And how long will it take?

>> No.28551993

>>28551765
Store of value in the near-term,
universal global currency in the long-term as scarcity and value increases.

>> No.28552145

>>28551765
>vishnu-on-the-blockchain.txt

>> No.28552262

>>28551765
>What is bitcoin endgame?
wipe out central bankers and unnecessary middle-men
bring risk back into the economy, so the ones doing scams and fuck ups actually pay the price for it

>> No.28552580

>>28552262
>so the ones doing scams and fuck ups actually pay the price for it
pls elaborate

>> No.28552901

>>28552580
how many bankers went to jail in 2008 for selling scammy derivatives?
zero

>> No.28552937
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28552937

>>28552580
Oh you sweet summer child

>> No.28552981

will get washed away in the next big crash as people sell to cover other losses in equities... and once it reaches a low enough price ($1,000) will plummet to zero.

>> No.28553011

>>28551765
It will fund the National Socialist revolution

>> No.28553205

>>28551765
Countries start announcing they've been stockpiling Bitcoin for years and we start buying citadels.

>> No.28553287
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28553287

>>28553011
>cringe and nazi-pilled

get bashed faggot

>> No.28553539

>>28553287
You weak little dyels couldnt bash anyone lmao

>> No.28553582
File: 720 KB, 1079x1078, Screenshot_20210209-184427_Element (Riotim).jpg [View same] [iqdb] [saucenao] [google]
28553582

>> No.28553657

>>28551765
1 sat = 1 USD
10 years

>> No.28553691

wot if u get ((H A C K))?

>> No.28553751

>>28552981
you have no idea what you are talking about

>> No.28553753

Jupiter gas gets totally drained by Tesla to mine the last bitcoin before it freezes the blockchain and goes to 0.

>> No.28553878

>What is bitcoin endgame?
Making nocoiners and shitcoiners seethe on /biz/ 24x7

>> No.28554332

honey! call our son! their talking about their internet money again!

>> No.28554399

>>28551993
Shutup faggot you have no fucking clue

>> No.28554728

Quantum computers will hack all the wallets and dump it to death.

>> No.28554762

>shatoshi nakamoto
>silk road
>government seized 3.5million usd in btc
>government is basically invested in btc at this point
>mining is no longer profitable for the regular joe blow
>energy to make btc is more than the energy consumption of all of sweden
>boomers saying "remember btc? oh yeah i remember btc!"

LOL

>> No.28555135

>wait to buy in at around 25k
>Elon musk and ecelebs all hop on the bandwagon and send it up to 45k in 2 weeks
I hate normies so much

>> No.28555865

>>28554399
eat a dick and kill yourself stupid nigger kike

>> No.28555946

>>28555865
He's right retard. Absolutely no one is going to want to use a perfectly deflationary asset as currency.

>> No.28555958

>>28555135
You had 12 years

>> No.28556036

>>28552262
tpbp

>> No.28556425

>>28555946
Why not?

>> No.28556651

>>28556425
You have a unit of currency. The longer you wait, the more valuable it becomes. Would you rather spend it now or in the future?

>> No.28557085

>>28551765
to use enough electricity to cause brownouts in china

>> No.28557264

>>28556651
so people maybe would try to be self-sustaining as to not waste money. maybe this is actually good?

>> No.28557287

>>28555946
You are an actual room temperature iq retard that needs to get off this board and back to plebbit. Keep following the kike dogma spoonfed to you.

War is Peace
Freedom is slavery
INFLATION IS GOOD

YOU SHALL NOT TRICK ME WITH YOUR RETARTDED TRICKERY JEW BOY. WHILE YOU SIT IN YOUR WAGIE CAGIE I SHALL SPIT ON YOU FROM THE WALLS OF THE CITADEL.

>> No.28557597

>>28551765
If Jack Mallers delivers, hyperbitcoinization is underway, borders are going to fall apart and central banks will have to capitulate.
https://www.youtube.com/watch?v=7bOo3zLFhEk

>> No.28557613

>>28554728
Literally this. Probably 2 or 3 cycles from now.

>> No.28557819

>>28557264
Look up deflationary periods in international history. A currency should be liquid and slightly inflationary to encourage spending. BTC is not a currency, it's an asset.

>>28557287
Zero arguments. You didn't even complete high school.

>> No.28558243

>>28557819
But aren't people also holding FIAT?
You can send bitcoin to border and pay people with it, how is it not a currency?

>> No.28558704

>>28558243
You can send gold over the border to pay people with as well. Do you see anyone using it as a currency?

>> No.28559048

>>28552901
>>28552937
How is bitcoing going to put bankers in jail?

Bitcoin is already up it's ass of derivatives prone to the same kind of abuses.
And surely we will soon be seeing bitcoin backed securities and derivatives of the derivatives and bitcoin default swaps and so on and so on.

How is what is just essentially a different kind of asset gonna change a whole system?